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Seagate stock leaps after earnings. Wall Street 'amazed' by AI-driven data storage demand
Seagate stock jumped on strong fiscal Q2 earnings and guidance for the red-hot hard-disk drive maker.
FREMONT, Calif.--(BUSINESS WIRE)--Seagate ® Technology Holdings plc (NASDAQ: STX), a world leader in sustainable mass-data storage solutions, today announced a milestone that marks a new era in the ...
Earlier in January, Seagate Technology showcased its latest 32TB Exos, SkyHawk AI, and IronWolf Pro hard drives at Intersec ...
Nasdaq top 100 Seagate Technology designs advanced data storage systems serving cloud, enterprise, and consumer markets.
Seagate is the market leader in hard disk drives with ~43% market share, according to Statista. Management has announced an aggressive cost-cutting program and aims to achieve a solid $200 million in ...
Seagate stock jumped 20.10% after strong earnings and raised guidance, leading to higher price forecasts of $500.
Seagate's stock price has dropped over 10% since August, but its strong Q1 performance and cloud storage demand make it a strong buy. Seagate remains a leader in hard drive storage, with significant ...
Seagate's Exos storage arrays can rebuild data from failed hard drives, leaving the rest of the drives in the array operational and reducing the frequency of swapping out bad drives. Seagate has ...
Seagate was born many decades ago as a pioneer in hard disk drives, which are now generating $10 billion a year in revenue for the company. But now it is launching its own line of flash memory-based ...
Overview: Speed matters more than ever. External SSDs deliver much faster transfers, while HDDs still offer better value for large storage needs.There is no sin ...
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